[Rhodes22-list] Investing

[TN Rhodey]

Paul, I tend to agree ....Wally

On Mon, Oct 20, 2008 at 2:53 PM, <pdgrand at nospam.wmis.net> wrote:

> Brad, Wally,
>
> Buy now.  Essentially, everything is on sale.
>
>
> http://articles.moneycentral.msn.com/learn-how-to-invest/when-to-start-investing-now.aspx#pageTopAnchor
>
> Paul
>
> > Wally,
> >
> > Yeah, I'm along for the ride, no reason to lock in losses now. I don't
> > mind losing my own money, but, I'm the unpaid adviser for a half-dozen
> > immigrants who rely on my advice and trying to explain to them what
> > happened, why it happened, and why they shouldn't worry in the long
> > run has been a tough sell.
> >
> > On the bright side, commodity prices are falling rapidly, including
> > crude oil.  I hauled an old high-production highway concrete breaker
> > from Illinois to the Gulf Coast that needed extensive repairs.  Scrap
> > iron prices got so high we cut it up in pieces and sold it rather than
> > restore it to service.
> >
> > Brad
> >
> >
> >
> > On Mon, Oct 20, 2008 at 7:30 AM, TN Rhodey <tnrhodey at gmail.com> wrote:
> >> Please look into your crystal ball and tell me what to do next with my
> >> investments using your "perfect" information.
> >>
> >> Brad, I wish I knew. Being employed in mortgage banking while this
> >> happened
> >> gave me a front row seat. The investment side of the industry did not
> >> see
> >> this coming. Those close to the street knew it was just a matter of
> >> time. I
> >> never claimed to be a financial guru and have the holdings to prove it!
> >> :-)
> >>
> >> I only knew to pull it out of the market and buy a boat load of
> >> staggered
> >> CDs all over 5%. I have a few months before the first one needs to roll.
> >> I
> >> have no idea what to do.
> >> Fair Winds,
> >>
> >> Wally
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